Power Supply Market to Witness Robust Growth through 2031: TMR Analysis

Power Supply Market will reach a valuation of US$ 46.5 billion by 2031. The report also indicates that the market is anticipated to expand at a CAGR of 5.1% during the forecast period 2021-2031.
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Power GaN Devices Market Witnesses Robust Surge Amid Electrification Boom

Power GaN devices enable faster charging and lighter powertrain designs for electric vehicles (EVs), while in telecommunications, these devices support high-efficiency power amplifiers and base station deployments for next-gen networks. Additionally, consumer electronics are increasingly integrating GaN chargers and adapters due to their fast-charging capabilities and compact sizes.
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Radiation Hardened Electronics Market Growth Driven by Space Exploration and Nuclear Applications

The global Radiation Hardened Electronics Market was valued at USD 1.5 billion in 2022 and is projected to reach USD 2.1 billion by 2031, expanding at a CAGR of 4.1% during the forecast period from 2023 to 2031. This growth is primarily driven by increasing government investments in aerospace and defense, the rising frequency of space exploration missions, and ongoing technological advancements in radiation-hardened components that ensure enhanced reliability and performance in extreme environments.
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Silicon Photomultiplier Market Analysis: Applications in Healthcare, Automotive & Research

The global Silicon Photomultiplier (SiPM) market is projected to reach USD 274.4 million by 2031, growing at a robust compound annual growth rate (CAGR) of 8.3% from 2022 to 2031. This growth is driven by the rising demand for highly sensitive and efficient photon detection technologies. SiPMs are gaining traction as critical components across a range of industries, including medical imaging, high-energy physics, automotive systems, and defense, due to their precision, compact size, and low-light detection capabilities.
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RF Phase Shifter Market Set for Strong Growth, Projected to Hit USD 4.9 Billion by 2031

The RF Phase Shifter market is anticipated to reach a valuation of USD 4.9 billion by 2031, growing at a steady compound annual growth rate (CAGR) of 8.1% from 2021 to 2031. This impressive growth is largely attributed to the accelerated rollout of 5G networks, surging demand for sophisticated radar and communication systems, and increased investments across aerospace and defense industries.
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